RE: Traders Cafe with Zak Mir15 Jul 2025 08:23
6mins 50secs
GCM Resources is displaying a strong turnaround pattern with a W-shaped recovery. Current price action near 5.25p aligns with the neckline of this pattern, with upside targets between 9p and 10p. The measured move from the formation’s depth suggests at least a 3.5p gain, potentially achievable by the end of July. Multiple RSI rebounds off the neutral 50 level reinforce the strength of this setup.